Testimonials

Katena Products, Inc.

Michael and I would like to thank Walden Group for successfully concluding the sale of Katena Products, Inc to Cortec Group, but most of all, I want to thank you personally for the superb job you did to help and guide us through this transaction. From the day we started talking to you about the possible sale of Katena, you carefully guided us through the process of selling a business, a process we had never experienced before. Your help in assembling the numbers and company details for a presentation to potential buyers was invaluable.

With your firm’s deep knowledge of the medical field and the investment banking business, you helped us to carefully select from a list of potential buyers. You always gave your full attention to every detail and answered the many questions we had. You made all of the arrangements for our presentations and guided us through the process with such diligence that, after the third time we were able to almost do it in our sleep. While we knew we had built a great company, we were still shocked when we received more than 6 serious and ‘informed’ offers in short order.

You were always there for us every day throughout the stressful “due diligence” process, and your counsel and, when necessary, diplomatic mediation between buyer and seller, as well as their respective law firms, cleared several logjams. Your experience, excellent judgement and professionalism prevailed throughout the entire process and I know we could not have done it without you. You are a professional and I will be glad to recommend you to any future client.

- Kate Tiedemann, Founder

Whitestone Corporation

Many thanks to you and the Walden Group for helping to bring our recent transaction to a successful close. This deal was very challenging for a variety of reasons and your nuanced, persistent and sensitive counsel as part of our team was integral to complet-ing it, especially under the current economic climate. In particular, your ability to foster friendly dialog on challenging points and break logjams during those pivotal points in our negotiations was instrumental in getting to a terrific conclusion. We are grateful for your assistance and look forward to working with you again on a future transaction.

- James Better, Chief Executive Officer

Colby Manufacturing Inc.

Now that our deal is completed, we wanted to thank you for your expert guidance from inception through closing. Your firm captured the essence of our company and skillfully communicated it to the screened parties interested in the deal. After all the work we put in to build the company, it was gratifying that you were able to persuasively convey the entry barriers protecting our important non-patented products — branding, product line quality and breadth, customer service, etc.

We appreciated your steering around competitors and potential competitors and your doggedness in winnowing the group of potential buyers to a smaller number that had the wherewithal and high motivation to make the deal and reduce the risk of not closing.

Your hands-on advice extended well-beyond the transaction, helping us with on employee matters, the size of trade show booth, personal tax issues and other matters important to our lives.

Last, we especially appreciate your ability to capture a full valuation, including the growth that we expect in the future. Can we finally pop the Champagne?

- Aaron Heinz and Kathy Feuerman

Taut Inc.

Just wanted to praise The Walden Group on its very skillful handling of the Taut transaction. We were asking for a big multiple and only a handful of medical device companies could have done the deal. From the compelling positioning and transactional materials, to the multiple presentations, to the relentless financial, legal and negotiating assistance, and most of all, the professional care and friendship you all displayed to our management and shareholder team, Walden represented us with expertise and savvy. Frankly, we were surprised that a transaction such as ours was so involved with nuance, political issues with large corporate buyers and intricate details. We were grateful to have you on our side.

- Raul Brizzuela, Vice President

Health Resources Corporation

I want to thank you for your part in all of this. It was a true pleasure to work with you. I have to compliment you on your ability to satisfy all sides and move a deal forward. The subtleties of your skills in this area did not go unrecognized. I appreciate your candor and ability to cut to the chase regarding the behavioral aspects of what is going on at any given time. Most people would not recognize the psychology of the deal the way that you do, es-pecially those involved in the thick of things. Yet the psychology of the deal is probably the most important aspect to bring a deal to closure.

- Deborah Talbott, President